TransUnion (NYSE:TRU) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of TransUnion (NYSE:TRU) have been assigned a consensus rating of “Moderate Buy” from the sixteen ratings firms that are covering the company, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $86.80.

TRU has been the subject of a number of research analyst reports. Wolfe Research initiated coverage on shares of TransUnion in a research note on Tuesday, July 9th. They issued a “peer perform” rating for the company. Bank of America upgraded TransUnion from a “neutral” rating to a “buy” rating and set a $92.00 target price for the company in a research report on Thursday, June 20th. Royal Bank of Canada lifted their price target on TransUnion from $85.00 to $106.00 and gave the company an “outperform” rating in a research report on Friday, July 26th. Morgan Stanley upped their price objective on TransUnion from $87.00 to $90.00 and gave the company an “overweight” rating in a report on Friday, April 26th. Finally, Needham & Company LLC lifted their target price on TransUnion from $89.00 to $92.00 and gave the stock a “buy” rating in a report on Friday, July 26th.

Insiders Place Their Bets

In other news, insider Steven M. Chaouki sold 1,776 shares of the stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $72.00, for a total value of $127,872.00. Following the completion of the sale, the insider now owns 71,547 shares in the company, valued at $5,151,384. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other TransUnion news, insider Steven M. Chaouki sold 1,776 shares of TransUnion stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $72.00, for a total transaction of $127,872.00. Following the transaction, the insider now owns 71,547 shares of the company’s stock, valued at approximately $5,151,384. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Todd M. Cello sold 12,865 shares of the stock in a transaction that occurred on Friday, July 12th. The stock was sold at an average price of $80.00, for a total transaction of $1,029,200.00. Following the completion of the sale, the chief financial officer now directly owns 101,426 shares of the company’s stock, valued at $8,114,080. The disclosure for this sale can be found here. In the last three months, insiders have sold 29,761 shares of company stock worth $2,266,576. Corporate insiders own 0.22% of the company’s stock.

Institutional Investors Weigh In On TransUnion

Institutional investors have recently modified their holdings of the stock. CIBC Asset Management Inc raised its holdings in shares of TransUnion by 6.4% during the second quarter. CIBC Asset Management Inc now owns 6,512 shares of the business services provider’s stock worth $483,000 after acquiring an additional 393 shares in the last quarter. Natixis Advisors LLC raised its stake in shares of TransUnion by 15.2% during the 2nd quarter. Natixis Advisors LLC now owns 22,696 shares of the business services provider’s stock worth $1,683,000 after purchasing an additional 2,993 shares in the last quarter. nVerses Capital LLC acquired a new stake in shares of TransUnion during the 2nd quarter valued at about $200,000. Banque Cantonale Vaudoise bought a new stake in shares of TransUnion in the 2nd quarter valued at approximately $348,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in TransUnion by 3.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 89,987 shares of the business services provider’s stock worth $6,673,000 after buying an additional 2,713 shares during the last quarter.

TransUnion Stock Down 2.9 %

TRU opened at $87.65 on Friday. The stock’s 50 day moving average price is $76.32 and its 200 day moving average price is $75.38. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.66 and a quick ratio of 1.66. The stock has a market cap of $17.02 billion, a P/E ratio of -61.29, a P/E/G ratio of 1.33 and a beta of 1.61. TransUnion has a 12 month low of $42.09 and a 12 month high of $91.71.

TransUnion (NYSE:TRU) last issued its quarterly earnings results on Thursday, July 25th. The business services provider reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.13. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.02 billion. TransUnion had a positive return on equity of 15.03% and a negative net margin of 6.11%. The company’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period last year, the company earned $0.76 earnings per share. As a group, research analysts predict that TransUnion will post 3.43 earnings per share for the current year.

TransUnion Company Profile

TransUnion operates as a global consumer credit reporting agency that provides risk and information solutions. The company operates through U.S. Markets, International, and Consumer Interactive segments. The U.S. Markets segment provides consumer reports, actionable insights, and analytic services to businesses, which uses its services to acquire new customers; assess consumer ability to pay for services; identify cross-selling opportunities; measure and manage debt portfolio risk; collect debt; verify consumer identities; and mitigate fraud risk.